Pluto is a company involved in diverse business activities, including consulting and the sale of technological devices. The financial statements for the year ended 31 December 2015 are presented below. Using ratio analysis determine the financial position of the business. EQUITY AND LIABILITIES Statement of Changes in Equity Statement of Comprehensive Income \begin{tabular}{lrr} Interest expenses & ( 47 , 948 ) & ( 29 , 687 ) \\ \hline Net Profit before tax & 169,453 & 161,638 \\ & & \\ Tax expenses & 50,836 & 48,491 \\ \hline Net Profit after tax & & \\ & 118,617 & 113,147 \\ & & \\ Other comprehensive income & 98,784 & 78,178 \\ \hline & & \\ \hline Total comprehensive income & 217,401 & 191,325 \\ \hline \end{tabular} Required For both year ended 31 December 2014 and 31 December 2015, critically analyse and interpret the results using ratio analysis, in terms of: 1. Profitability ratios i. Gross profit percentage / margin (2) ii. Net profit percentage/margin (2)) iii. Return on assets (2) 2. Liquidity ratios i. Current ratio (2) ii. Acid test ratio (3) 3. Leverage ratios i. Debt ratio (2) ii. Equity ratio (2)